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Texas Natural Resources Code

§ 91.141 — BOOKS AND RECORDS

NR § 91.141Title 3. OIL AND GAS · Part B. CONSERVATION AND REGULATION OF OIL AND GAS · Ch. 91. PROVISIONS GENERALLY APPLICABLE · Art. E. BOOKS, RECORDS, AND REPORTS

Statute text

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(a)Owners and operators of oil and gas wells shall keep books that show accurately:
(1)the amount of sold and unsold stock;
(2)the amount of promotion money paid;
(3)the amount of oil and gas produced and disposed of and the price for which the oil and gas was sold;
(4)the receipts from the sale or transfer of leases or other property; and
(5)disbursements made in connection with or for the benefit of the business.

Legislative history

Acts 1977, 65th Leg., p. 2564, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.

Source: Texas Natural Resources Code § 91.141 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.